Brooklyn Four Families Investment
300 20th St Brooklyn, NY 11215
For Sale
Contact for pricing
Four-family property in Brooklyn, ideal for investment purposes.
Property Size6,468 SF
Price / SF$460.73
Days on Market1513
Property Features for 300 20th St
General Information
Standard status
Active
Size
6,468 SF
Property subtype
Multifamily
Building Details
Year Built
2008
Listing Agency:
E Realty International Corp.
(718) 886-8110
Listed By:
Frank Ko · License #NY 10301215711
Source:
Crexi
Added: Jun 9, 2022
Changed: Jul 6
Last Checked: Jul 28 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of E Realty International Corp.
Investment Insights
Based on property information with market context.
This multifamily property in Brooklyn is configured as a four-family building, presenting an investment opportunity. The property has a size of 6468 square feet.
Key Highlights
- Four families: ideal for investment with multiple rental incomes.
- Location: property is located in Brooklyn.
- Year built: relatively new construction (2008).
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $329.9k | $51.00 |
| − Vacancy | −$6.3k | −$0.97 |
| EGI | $323.6k | $50.03 |
| − OpEx | −$97.1k | −$15.01 |
| NOI | $226.5k | $35.02 |
6,468 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$3.24M
$2.83M – $3.78M
NOI $226,520 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$2.82M
$2.47M – $3.29M
NOI $197,461 @ 7.0% cap · market cap 6.63%
Theoretical Best
Specialty Retail
$5.36M
$4.69M – $6.25M
NOI $374,885 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-family property in Brooklyn, ideal for investment purposes.
Where is this quadplex located?
The property is located at 300 20th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Four families: ideal for investment with multiple rental incomes.; Location: property is located in Brooklyn.; Year built: relatively new construction (2008).
